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The Container Store Group Inc. (NYSE: TCS) Has Dropped -22.97% Year-To-Date (YTD): Any Trouble Coming?

The Container Store Group Inc. (NYSE:TCS)’s traded shares stood at 1.14 million during the last session, with the company’s beta value hitting 1.50. At the close of trading, the stock’s price was $3.32, to imply a decrease of -5.14% or -$0.18 in intraday trading. The TCS share’s 52-week high remains $8.93, putting it -168.98% down since that peak but still an impressive -1.51% since price per share fell to its 52-week low of $3.37. The company has a valuation of $171.91M, with an average of 0.39 million shares in intraday trading volume over the past 10 days and average of 353.64K shares over the past 3 months.

The Container Store Group Inc. (NYSE:TCS) trade information

After registering a -5.14% downside in the last session, The Container Store Group Inc. (TCS) has traded red over the past five days. The stock hit a weekly high of 3.94 this Friday, 03/17/23, dropping -5.14% in its intraday price action. The 5-day price performance for the stock is -15.52%, and -31.69% over 30 days. With these gigs, the year-to-date price performance is -22.97%. Short interest in The Container Store Group Inc. (NYSE:TCS) saw shorts transact 1.4 million shares and set a 3.53 days time to cover.

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The Container Store Group Inc. (TCS) estimates and forecasts

Looking at statistics comparing The Container Store Group Inc. share performance against respective industry, we note that the company has underperformed competitors. The Container Store Group Inc. (TCS) shares are -44.11% down over the last 6 months, with its year-to-date growth rate lower than industry average at -51.52% against 1.40%. Revenue is forecast to shrink -67.40% this quarter before falling -38.10% for the next one. The rating firms project that company’s revenue will shrink -3.50% compared to the previous financial year.

Revenue forecast for the current quarter as set by 4 analysts is $269.79 million. Meanwhile, for the quarter ending Jun 2023, a total of 3 analyst(s) estimate revenue growth to $263.84 million.Earnings reports from the last fiscal year show that sales brought in $305.55 million and $262.63 million respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -11.70% before jumping 0.50% in the following quarter.

An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 39.20% for the past 5-year period. While 2023 is set for a 38.60% return in earnings, projections for the next 5 years are at 15.30% annually.

TCS Dividends

The Container Store Group Inc. has its next earnings report out between May 15 and May 19. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. The Container Store Group Inc. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.

The Container Store Group Inc. (NYSE:TCS)’s Major holders

The Container Store Group Inc. insiders hold 3.40% of total outstanding shares, with institutional holders owning 80.84% of the shares at 83.69% float percentage. In total, 80.84% institutions holds shares in the company, led by Leonard Green & Partners, L.P. As of Sep 29, 2022, the company held over 15.45 million shares (or 30.52% of shares), all amounting to roughly $75.71 million.

The next major institution holding the largest number of shares is Front Street Capital Management, Inc. with 2.65 million shares, or about 5.24% of shares outstanding. As of the market price on Sep 29, 2022, these shares were worth $13.0 million.

We also have Clark Fork Trust-Tarkio Fd and Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the The Container Store Group Inc. (TCS) shares. Going by data provided on Nov 29, 2022, Clark Fork Trust-Tarkio Fd holds roughly 1.08 million shares. This is just over 2.14% of the total shares, with a market valuation of $5.15 million. Data from the same date shows that the other fund manager holds a little less at 0.86 million, or 1.71% of the shares, all valued at about 4.23 million.

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